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Sunday

Today I opening my blog only for looking at my friend blog n comment their work..
hehe
Seem like everyone so busy updating their blog n me too. ;p
Nway, tomoro we hav a test 2.
Oh no, I don’t even study yet.
Lot of work to do when it come to the last week for dis sem.
Wish me luck k.
Daa~

Markdown

Mark down is decrease in the selling price. It is the difference in the old retail price and the new retail; that is ,
MD = OP - NP
Where MD = markdown
OP = old retail price
NP = new retail price

For example :

The markdown per cent on a TV set is 10%. If the new retail price is RM900, find the old retail proce.

Solution :
Let the old price be RM K.
From %MD = MD/OP X 100%, we get
10% = ( K- 900 ) / K
0.1K = K - 900
K - 0.1K = 900
K = RM 1000.

Mark-Up

Mark-up is difference in retail price and the cost price, that is
R = C + M
Where R = retail price
C = cost price
M = mark-up

For example :

The price of an antique table is RM5000. What is the retail price if the seller wants a 20% mark-up based on

( a ) cost price
( b ) retail price

Solution :

( a ) Let the retail price be RM x. Then
R = C + M
RM5000 0.2(RM5000)
Retail price = 5000 + 0.2(5000) = RM 6000
The retail price is RM6000.

( b ) Let the retail price be x. Then
R = C + M
X = 5000 + 0.2x
0..8x= 5000
X = 5000/0.8
X = RM 6250

Mark up and Mark Down

Many businesses complete with one another through the mark-up and the markdown of their products. As the result, consumers benefit as they are able to compare prices for the best option, and have a choice of what to buy and where to buy it from.

Saturday

Have u seen dis book?

It a Recommended Dictionary


Its cost RM 39.90

Its contain :
Over 6500 authoritative and wide-ranging entries

Broad coverage of management, taxation, accounting, and international finance terms.

Includes relevant terms from law, economics and computing.

Newly updated coverage of e-commerce terms.

THE WORLD MOST TRUSTED PAPERBACK REFERENCE

THE COLLECTION OF PAST YEAR FINAL EXAMINATION PAPERS.

THE COLLECTION OF PAST YEAR FINAL EXAMINATION PAPERS.




Even it so annoying.
Haha
But it good for us.





My messy thing when study for math.
That what I call Crazy In Math.


Thursday

Trade Discount


How To Calculate Trade Discount?

Trade Discount occur when a manufacturer or distributor sells items to a retailer.


List Price – Trade Discount = Net Cost

For Example :



List Price of a Sharp EL-531W calculator is $18.99
Trade Discount is 35%

Analysis :

List Price : $18.99
Trade Discount : 35%

Net Cost : $18.99 - $6.65 = $12.34

$6.65 = Trade Discount
To find it,

$18.99 x 0.35 = $6.65